| Economy |
High activity of non-residents on the domestic government bonds market and the need, burdensome for the monetary authorities, to curb inflation give grounds for maintaining the trend toward strengthening of the hryvnia exchange rate against the dollar. This is what Ukrainian bankers interviewed by news agencies say.
As Volodymyr Hunchyk noted, on January 18 of this year the Cabinet of Ministers of Ukraine approved by Resolution No.
In January, the gold and foreign exchange reserves of the National Bank of Ukraine grew by 5.6%, or by 533.71 million dollars, amounting to 10,058.61 million dollars as of January 31. \n \nThis is stated in an NBU announcement.
In January 2005, funds placed by individuals in bank accounts in hryvnias and foreign currency increased by 2.635 billion hryvnias (6.3%) to 44.286 billion hryvnias as of February 1, 2005, reports "Ukrainian News". \n \nIn particular, hryvnia deposits in banks in January increased by 1.469 billion hryvnias (6.
It was opened at the Lutsk Palace of Student Youth by the Volyn Chamber of Commerce and Industry with the multi-sector exhibition "PromprodEXPO". Its goal, noted at the grand opening the president of the Chamber of Commerce and Industry Serhii Naumenko, is to promote the active development of trade in the region.
The National Bank of Ukraine (NBU) has divided the banks into four groups by asset size for 2005, changing the threshold asset sizes for all groups, the NBU said in a telegram to the banks, reports "UA TODAY".
The National Joint-Stock Company "Coal of Ukraine" is initiating a 20-23% increase in coal prices. This was stated by the company's president, Oleksandr Khokhotva, in an interview with "Investgazeta".
The Association of Ukrainian Banks estimates the volume of bank deposit outflow during the period of financial instability in November-December 2004 at over UAH 4 billion. This was stated by AUB President Oleksandr Suhoniako, according to "Ukrainian News.
The results of the implementation of the Program of Economic and Social Development of the City for 2004 indicate that qualitative changes continue in the economic and social spheres of activity.
The European Bank for Reconstruction and Development (EBRD) intends to direct credit resources to Ukraine in 2005 totaling at least $400 million, whereas in 2004 the bank's investment volume was $350 million, EBRD Director in Ukraine Kamen Zahariev told journalists on Monday evening, according to Interfax-Ukraine.